When China Gas Company announced to the outside world that it would issue 15 million shares, it caused an instant sensation, and almost all Hong Kong shareholders were rushing to wait.
Now almost everyone in Hong Kong, from high-ranking officials to ordinary people, is watching to see who will win the battle for China Gas Company. Some bookmakers have even quoted odds.
The odds for Jardine Matheson are 1 to 1, for Mo Zhexuan they are 1 to 5, and for Li Ka-shing they are 1 to 10. This shows that in the eyes of most people, Jardine Matheson is more optimistic. After all, it has existed in Hong Kong for hundreds of years, and its strength should not be underestimated.
At this time, in an office on the top floor of Henderson Land Development's headquarters.
A battle of swords and sabers officially began.
On one side was Henry Keswick of Jardine Matheson, a well-established British financial group that had existed in Hong Kong for over a hundred years.
The other party is Mo Zhexuan, who has recently become famous in Hong Kong and is known as a financial genius.
"You two! I know exactly what you're up to. Let's not waste any more time. I have 24.4% of Towngas shares for sale. Now it all depends on your sincerity."
Li Zhaoji sat in the middle of the sofa, took a sip of tea very calmly, glanced at Henry Keswick and Mo Zhexuan on the left and right sides of the sofa, and spoke slowly.
"I'm offering HK$210 per share, and I can pay it all in cash at once. As long as Mr. Li agrees, we can proceed with the transaction right now."
Henry Keswick took the initiative to offer his own price. 24.4% of the shares totaled 8.54 million shares. If traded at a price of HK$210 per share, he would need to pay nearly HK$1.8 billion in cash.
This is not a small number. Even the giant Jardine Matheson would suffer heavy losses. This is enough to show their true sincerity.
"I can also offer a full acquisition price of HK$210 per share, paying in full in cash. As long as Uncle Li agrees, I can transfer the money today."
Mo Zhexuan followed suit and offered his own price in order to raise more funds after the shareholders' meeting of China Gas Company was held yesterday.
He went to Hang Seng Bank to continue to mortgage 20% of the shares of Fragrant Duck, as well as the shares of companies such as Wheelock, Cheung Kong Holdings, Sun Hung Kai Properties, and Henderson Land Development that were originally acquired from the Ruitai Securities account.
At the same time, 100 million Hong Kong dollars in sales during this period were withdrawn from Xie Liyuan Gold Shop, plus 100 million Hong Kong dollars in the Fragrant Duck account, for a total of 1 billion Hong Kong dollars.
Together with the 40% of Fragrant Duck shares mortgaged to Hang Seng Bank last time and the 300 million Hong Kong dollars in cash withdrawn from the Fragrant Duck account, the total amount of funds is 2.3 billion Hong Kong dollars.
This also shows the determination to go all out, that is, to take over China Gas Company completely at all costs, and everything will be worth it.
"I don't feel the sincerity in your offer is sufficient. To acquire this 24.4% stake in China Gas, I have not only paid a huge amount of money, but also spent a lot of energy and time. China Gas will be an inexhaustible treasure trove in the future."
"So if you want me to give it up, you have to offer me a price that satisfies me. Otherwise, I won't make a move easily. I also don't want to spend more time and energy on China Gas."
"I'm going to offer a base price of HK$250 per share. If the deal goes through at that price, we'll sign the contract today. What do you think?"
Li Ka-shing really doesn't want to be entangled in the affairs of China Gas Company now, and wants to get out of it as soon as possible to develop real estate business.
Now the other three of the four major Chinese families are actively acquiring depressed real estate markets, which naturally makes him very envious.
After these words were spoken, Henry Keswick and Mo Zhexuan fell silent and began to calculate the pros and cons in their minds. You know, the price has reached a staggering 2 billion Hong Kong dollars.
This is not a small number. HSBC, as the company with the highest market value in Hong Kong, only makes about 2 billion Hong Kong dollars a year. If the deal is completed, it will probably shock the whole of Hong Kong.
"You two! This is my bottom line. If anyone of you is sincere, we'll make a deal today."
Li Ka-shing is now sitting firmly on the Diaoyutai regardless of the wind and waves. Since he decided to give up China Gas Company, he feels very relieved deep down.
If I can get a large sum of cash from it, I can buy the bottom of Hong Kong's real estate market. Maybe it is really a blessing in disguise!
"Mr. Henry! If you are interested in this price, I will give it to you."
Mo Zhexuan didn't believe that Jardine Matheson could still come up with such a huge amount of money. He bet that Henry Keswick came here today just to disrupt the situation, with the purpose of preventing him and Li Ka-shing from reaching an agreement.
Wait until 15 million shares of China Gas Company are officially issued to the public, and then make a secret acquisition. This way, you can achieve controlling rights at a lower cost. Why spend a huge price to acquire 24.4% of the shares held by Li Ka-shing!
"Mr. Mo! This price has already exceeded our Jardine Matheson Company's bottom line. I dare say that the entire Hong Kong can only take out a handful of HK$2 billion in cash at once."
"I advise you to act within your means. Fragrant Duck is an excellent company. Once it goes public, your net worth will multiply. Bank money is not so easy to get. Be careful not to get rich overnight."
Henry Keswick took a sip of tea calmly. He had been investigating the source of Mo Zhexuan's funds in the past few days. He estimated that the other party had a maximum of about 1.5 billion Hong Kong dollars in his hands, so he was even more confident.
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